DoubleLine Mortgage ETF $DMBS Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC trimmed its holdings in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 71.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,053 shares of the company’s stock after selling 29,721 shares during the period. NewEdge Advisors LLC’s holdings in DoubleLine Mortgage ETF were worth $595,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Guardian Wealth Advisors LLC NC lifted its stake in DoubleLine Mortgage ETF by 6.8% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 4,818 shares of the company’s stock worth $239,000 after purchasing an additional 306 shares during the last quarter. Vermillion & White Wealth Management Group LLC lifted its position in shares of DoubleLine Mortgage ETF by 1.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 34,376 shares of the company’s stock worth $1,707,000 after buying an additional 432 shares during the last quarter. Milestones Private Investment Advisors LLC boosted its holdings in shares of DoubleLine Mortgage ETF by 2.2% in the 1st quarter. Milestones Private Investment Advisors LLC now owns 32,887 shares of the company’s stock valued at $1,624,000 after buying an additional 718 shares in the last quarter. Parallel Advisors LLC grew its position in shares of DoubleLine Mortgage ETF by 6.4% in the 4th quarter. Parallel Advisors LLC now owns 14,950 shares of the company’s stock valued at $742,000 after buying an additional 901 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in DoubleLine Mortgage ETF during the 1st quarter worth $48,000.

DoubleLine Mortgage ETF Stock Down 0.5%

Shares of DMBS stock opened at $48.22 on Friday. The stock’s 50-day moving average is $48.63 and its two-hundred day moving average is $49.15. DoubleLine Mortgage ETF has a 1 year low of $48.07 and a 1 year high of $50.54.

DoubleLine Mortgage ETF Profile

The Doubleline Etf Trust – Mortgage ETF (DMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade residential mortgage-backed securities of any maturity. The fund seeks to outperform the Bloomberg US Mortgage-Backed Securities Index DMBS was launched on Mar 31, 2023 and is managed by DoubleLine.